Erick Garske
Contractor threatening mechanics lien unless his extortion is paid
Originally I hired a contractor in March 2015 for a job that he claimed would take no more than ten days. Three months later in March, he completed 80% of the work and had been paid 90% of balance. He claimed to be on...
Jake S.
Theoretical Discussion: Progressive Scaling in Syndications
Hey community,
I'm intrigued by the concept of progressive scaling in real estate syndication investments and wanted to open up a discussion. In theory, when diversifying a substantial investment across multiple synd...
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Default balance vs list price
I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...
Marshelle Lewis
I am in search of funding for my first rental, I need advice.
I am looking for ways to get funding for my first rental property. I am in Mississippi, thanks in advance
Bil Casimir
How to Acquire more Properties?
I am purchasing a town house, foreclosure move in ready condition. After running the number I show $200 per month cash flow. I calculated all monthly expenses such as taxes, monthly maintenance fee and still come out ...
Brendan Curley
Paying off house within 5 years...
I stumbled across this guys website this past weekend and read this post. I just wanted to know peoples thoughts on this and if you believe it would actually work?
How to pay off your house within 5 years using the...
Anthony O.
Does a refi make sense?
Hey Guys and Gals,Looking to make sense of a deal that I’ve closed on and just completed a rehab. Purchase price of 115k with 10% down @ 4.75% with a P&I of $654/moLoan balance of 103,500Rehab cost of 10kARV of wh...
Kevin Kendall
Scedule E, Scedule C or 1065 partnership
My wife a I are buying our first rental property and I am trying to figure out how to file our taxes. We will transfer the property to an llc. We live an the property is in co which is a marital property state and the...
David Jiang
How should vacancy affect owner expenses in a DCF analysis?
Hey Everyone,I'm trying to put together a Discounted Cash Flow (DCF) analysis of a potential 5 unit commercial property that I'm looking to purchase. I'm new to running this type of analysis so bear with me.In calcula...
Jason Maestas
Whats your strategy on negotiating and submitting seller financed offers?
Hi Everyone,I am getting ready to place offers (letter of intents first) on a 24 unit building I'm looking at. This is a value add deal and is not bank financeable due to condition, mismanagement, and lack of document...